Monday, January 18, 2010

Tweeting all the way to be bank


Celebrities used to tweet about their day-to-day life. “I must have pinched a nerve in my neck, I can hardly look to my left. I will pass on my workout today. I need a massage.”

But now, celebs have found out that tweeting-for-money is worth while. Top earner is socialite Kim Kardashian, who commands $10,000 per tweet. Her tweets include a Nestle commercial, and the background on her Twitter page features the fast-food chain Carl’s Jr. The number of followers (KK boasts a formidable 2.7 million), is the key to profitability.

Dr. Drew Pinsky (more than 1.8 million followers) promo-tweets include endorsements for Sonos music systems and Gogo’s in-flight Wi-Fi. Greg Grunberg (of Heroes fame, nearly 1.5 million followers) tweets about the Yowza iPhone application multiple times a day – for an estimated $ 7,000 and $ 10,000 per tweet. (In all fairness, he donates his twitter bounty to charity).

The deal broker between celebs and companies is ad.ly. According to Sean Rad, CEO of Ad.ly, the likes of Britney Spears or P. Diddy could earn up to $20,000 per tweet, should they ever go for Ad.ly’s pay-per-tweet model.

By law, celebs have to disclose if they are tweeting for money or just for fun/adoration/kicks. The FTC regulation applies to all bloggers, so cave bloggerati!

An FTC-compliant tweet looks like this:
U guys have to watch [http://bit.ly/] Dancing w Stars champ @ShawneyJ backflips over speeding bobsled! Pretty cool! (Ad) 10:59 AM Dec 29th, 2009 from Ad.ly Network

Violation comes with a steep price tag: up to $ 11,000 in fines. The FTC is on the lookout, stating: "celebrities have a duty to disclose their relationships with advertisers when making endorsements outside the context of traditional ads, such as on talk shows or in social media”. As it looks now, we might see a juicy Twittergate scandal in 2010….

No comments: